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Jamnica’s Revenues Increased by Nine, Profit Decreased by 1.7 Percent

The producer of mineral and spring waters as well as non-alcoholic beverages, Jamnica, part of the Agrokor group, achieved a profit of 91.5 million kuna in the first nine months, which is a decrease of 1.7 percent compared to the same period last year, according to the unaudited financial report published on the Zagreb Stock Exchange.

The company’s total revenues amounted to 919.65 million kuna, što is an increase of nine percent compared to the first nine months of last year. Meanwhile, sales revenues increased from 808.8 million kuna to 873.14 million kuna. Jamnica’s total expenses in the first nine months of this year rose by ten percent to 815.6 million kuna. The increase is attributed to rising prices of raw materials, energy, and supplies, as stated in the explanation of the business results. It is also emphasized that this year Jamnica continues to invest in the development of new products and the improvement of existing ones. (H)